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Closely followed crypto analyst Michal van de Poppe says Litecoin (LTC), Polygon (MATIC) and Fantom (FTM) are positioned for rallies.
The popular analyst tells his 643,300 Twitter followers that Litecoin will likely continue to rise after a possible dip.
He says that Litecoin could increase by more than 22% from its current value of $68.71 at the time of writing.
“Litecoin is showing strength and will likely continue to show strength. I’m interested in the $69 range for some scalp trades. Also, primarily, look for an option around $66.75 for longs, then target $78 and $84 next.
Source: Michal van de Poppe/Twitter
Next, he says that MATIC is likely to recover the $0.84 price level after falling below $0.80. At the time of writing, MATIC is valued at $0.806.
Level reached on this one, I guess we will continue towards $0.84 after a nice bounce.
Source: Michal van de Poppe/Twitter
It says Fantom held critical support at the $0.19 price level and is moving around the critical resistance price level around $0.20. He says that FTM will probably reach a price of up to $0.235 if it recovers the price range of $0.2075 to $0.210.
“This one shows a side range over the last 12 days. Test treble continuously. The entry is gone, it’s the flip to $0.20. However, breaking and recovering $0.2075 to $0.21 is a trigger towards $0.225 and $0.235.
Source: Michal van de Poppe/Twitter
At the time of writing, FTM is changing hands at $0.202.
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Feature image: Shutterstock/Pavel Chagochkin
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